JobMesh

Head of Wealth Management External Fraud Risk - Executive Director

Morgan Stanley · US

The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to balance risk management with business enablement.

Job description

The Wealth Management (WM) Chief Data Office (CDO) sits within the WM Risk organization and strives to balance risk management with business enablement. WM CDO’s mission is to: prevent unauthorized access to or misuse of client sensitive data and assets; comply with relevant privacy laws and regulations; effectively retain, retrieve, and protect information and records; and mitigate risks caused by inaccurate, untimely, or incomplete WM data. The External Fraud Risk Team within WM CDO defines and governs external fraud risk frameworks, thresholds, and controls across WM. The team is responsible for managing external fraud risk across channels and products, including account takeovers, deposit and check fraud, debit card fraud, and emerging threats such as trading-related fraud. The team partners closely with business, technology, operations, and control functions to ensure external fraud losses remain within tolerance while delivering a seamless client experience. Role Description: The External Fraud Risk Team is seeking an Executive Director to lead the team, with responsibility for setting strategy, enhancing external fraud controls, and overseeing fraud rule governance across th...